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Feb 1, 2013
02/13
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it showed january's job reports, 157,000 jobs were added to the economy, but the way wall street sees it, it came in soft. wall street is looking at it at a more broader view, and they are looking at the momentum from november and december, and you are seeing a stronger trend continue, so that's good news obviously. but then again there has been an underlying optimism already in the market, and that's being fueled by the federal reserve. and that's buying up mortgage backed treasury and securities, and that's driving interest rates lower so the best game in town as far as investors see it to make money is here in the stock market, and it's driving investors to the stock market. and what moved the needle, it was the jobs number, and how the next milestone for the dow will be the all-time high, and first we will see if it can hold at 14000 at the close, and then we will see what happens. >> how much confidence do we have in this rally? >> some say not much, and others say stocks are making a comeback and the economy is doing that as well. one well known economist talks about this, and h
it showed january's job reports, 157,000 jobs were added to the economy, but the way wall street sees it, it came in soft. wall street is looking at it at a more broader view, and they are looking at the momentum from november and december, and you are seeing a stronger trend continue, so that's good news obviously. but then again there has been an underlying optimism already in the market, and that's being fueled by the federal reserve. and that's buying up mortgage backed treasury and...
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Feb 1, 2013
02/13
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and then, you know, the bottom started to fall out of the economy, we had the great recession. you know, the dow even went all the way down to 6,500 in 2009. march of 2009. so this really has been a trek upward. one well known economist that we just talked to yesterday says you know what this is? this could be a sign of better things to come. although he is a big bull, and for every bull, there's a bear. i did speak with a bear, another economist who said this is like a correction waiting to happen. so it depends on who you talk to about how exciting this is, how momentous it is. it is a nice round number and it was nice to see it on the screen, even for a few seconds. >> i think a lot of people are confused about what the state of our economy actually is. >> well, and that's why some wonder what is the point of the dow hitting 14,000. and, by the way, it's not even the record high, the record high is 14,164, and, yes, a lot of people talk about, you know, the disconnect. we see the dow reaching these highs that we haven't seen in five years, yet, the jobs market is recovering,
and then, you know, the bottom started to fall out of the economy, we had the great recession. you know, the dow even went all the way down to 6,500 in 2009. march of 2009. so this really has been a trek upward. one well known economist that we just talked to yesterday says you know what this is? this could be a sign of better things to come. although he is a big bull, and for every bull, there's a bear. i did speak with a bear, another economist who said this is like a correction waiting to...
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Feb 5, 2013
02/13
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to be honest with you, the fact our economy is not doing well has as much to do with the downturn in illegal crossings as anything else. if she can explain how we missed 2,000 ak-47s going into mexico i'll be a little more open to hearing her argument for having operational control of the border. >> congressman trey gowdy of south carolina, thank you so much for being with us this morning. >> yes, ma'am, thank you. >>> we're learning new information about what may have led to the 34-minute long super bowl blackout. "the new orleans times-picayune" refers to an electrical upgrade back in december may be to blame. intergy disputes that and says there were no power dispute issues during the three events before the super bowl. the new orleans council utility committee will meet friday to further investigate that blackout. >>> super bowl mvp joe flacco getting his own parade at disney world. starting next hour he'll share the spot lot with his nfl teammates. fans are grabbing prime spots to watch the parade due to take place later in baltimore, two hours from now. cnn's rene marsh is alre
to be honest with you, the fact our economy is not doing well has as much to do with the downturn in illegal crossings as anything else. if she can explain how we missed 2,000 ak-47s going into mexico i'll be a little more open to hearing her argument for having operational control of the border. >> congressman trey gowdy of south carolina, thank you so much for being with us this morning. >> yes, ma'am, thank you. >>> we're learning new information about what may have led...
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Jan 30, 2013
01/13
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officials say all the money went right back into the country's economy. if you were among more than 1 million people who owned certain models of toyota, there is news you will want to hear. the carmaker is hit by another recall. invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. >> announcer: this is cnn breaking news. >> a possible tornado touches down. chad, what do we know? >> north of atlanta there is a suburb called adairsville along i-75. there is quite a a bit of damage inside. we were on live with it when it was on the ground. we knew it would be right through the city. it seems like poplar springs may be a heavily damaged street there. maybe around cherry. across highway 41. this tornado went all the
officials say all the money went right back into the country's economy. if you were among more than 1 million people who owned certain models of toyota, there is news you will want to hear. the carmaker is hit by another recall. invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i...
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Jan 29, 2013
01/13
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political divisions, protests, trug strugling economy threaten its future. people are protesting morsi's declaration of a state of emergency and curfew in three provinces. >>> now you can virtually explore one of the most secretive countries in the world thanks to google. detailed maps of north korea. now for the first time. talking about everything from its nuclear facilities to prison labor camps, monuments, and just regular streets. chad meyers here to map it all out for us. that's incredible. think about north korea, i mean it was just blank. the rest of the world you could see, north korea for years blank. >> let me tell you how this happened. citizen cartogrophers went to draw it in. they drew lines, maps, roads and drew locations and now you can, for the first time ever, go to google map -- not talking about -- not earth -- but the map and see where the roads are. you can see how to get places in north korea. this was unheard of it. was a blank spot for a long time. north of the dmz, there was nothing there. there was no there there. >> a road map. >>
political divisions, protests, trug strugling economy threaten its future. people are protesting morsi's declaration of a state of emergency and curfew in three provinces. >>> now you can virtually explore one of the most secretive countries in the world thanks to google. detailed maps of north korea. now for the first time. talking about everything from its nuclear facilities to prison labor camps, monuments, and just regular streets. chad meyers here to map it all out for us. that's...
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Jan 30, 2013
01/13
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economy shrank in the fourth quarter. ringing the bell today, jack lapinsky, president of the energy company cvr refining. >>> we're keeping an eye on a hostage situation in southern alabama. man boarded a school bus and shot and killed the driver, took a 6-year-old hostage and holding him in some sort of underground bunker. police are communicating with the man and they tell us the little boy has not been harmed. >>> in the next hour, the senate judiciary committee holds its first hearing on gun violence since the newtown massacre last month. we're looking inside this hearing room and wayne lapierre the executive vice president of the nra, you can see him sitting there beside the gentleman in the white hair. wayne lapierre will be testifying later this afternoon. gabrielle giffords, the former congresswoman shot in arizona will give the opening statement for the other side and when that hearing begins, by the way, we'll carry it live. we're expecting it to start in just about 31 minutes. >>> joining me now are jerry henr
economy shrank in the fourth quarter. ringing the bell today, jack lapinsky, president of the energy company cvr refining. >>> we're keeping an eye on a hostage situation in southern alabama. man boarded a school bus and shot and killed the driver, took a 6-year-old hostage and holding him in some sort of underground bunker. police are communicating with the man and they tell us the little boy has not been harmed. >>> in the next hour, the senate judiciary committee holds its...
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Jan 29, 2013
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consumers aren't that optimistic about the economy. the consumer confidence index released a few minutes ago shows a sharp drop from last month. it now stands at 58.6%, down from nearly 67% in december. the steep drop, races all the gains made through 2012. an increase in the payroll tax seems to be one of the things that has dampened consumers' enthusiasm. >>> a 16-mile stretch of the mississippi river remains closed near vicksburg because of an oil spill. the coast guard says it has five contracted vessels helping with cleanup and skimming operations. still unclear exactly how many gallons leaked after two barges struck a bridge on sunday morning. the one that started leaking was carrying 80,000 gallons of oil. >>> the boy scouts of america may be closer to changing its long-standing policy barring openly gay members. it's expected to be up for discussion when the group's national board meets next month. the scouts' policy has been heavily criticized, but the leader of the conservative family research council says the scouts will be
consumers aren't that optimistic about the economy. the consumer confidence index released a few minutes ago shows a sharp drop from last month. it now stands at 58.6%, down from nearly 67% in december. the steep drop, races all the gains made through 2012. an increase in the payroll tax seems to be one of the things that has dampened consumers' enthusiasm. >>> a 16-mile stretch of the mississippi river remains closed near vicksburg because of an oil spill. the coast guard says it has...
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Feb 4, 2013
02/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses (announcer) scottrade knows our and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company." [ dog ] we found it together.upbeat ] on a walk, walk, walk. love to walk. yeah, we found that wonderful thing. and you smiled. and threw it. and i decided i would never, ever leave it anywhere. because that wonderful, bouncy, roll-around
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses (announcer) scottrade knows our and invest their own way. with scottrade's smart text, i can quickly...
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> today, grand central terminal is celebrating its 100th birthday. doesn't look a day over 99. the icon remains one of the busiest train stations in the world, but nothing turns a century old without its share of secrets. our richard roth has more. >> what time is the next train? >> reporter: in north by northwest, cary grant asked a question millions of passengers have posed since the majestic "grant central terminal" opened 100 years ago. each day, 750,000 people pour through grand central. what do you think, grand central, 100 years old? >> i think it's fantastic. >> we love grand central, never looked better. >> there is poetry in this place. it is a worm, inviting place for something as large and cathedral-like. >> reporter: the construction of grand central paved the way for multilevels of track service. and soon the era of luxury train travel arrived. but as plane travel soared and the railways ran into bankruptcy, grand central was nearly de
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> today, grand central terminal is celebrating its 100th birthday. doesn't look a day over 99. the icon remains one of the busiest train stations in the world, but nothing turns a century old without its share of secrets. our richard roth has more. >> what time is the next train? >> reporter: in north by northwest, cary grant asked a question...